"Bought into IGR in July @ 17 cents so i really do think this is a gold mine in more than one way. Read an article in the AFR (i think) that Barrick gold are looking at acquisitions. There minimum requirements are 200.000 ounces per year for 10 years. If we add Salt Creek to the proven resources we should be around 1600000 onnces. Given that Salt Creek could add further ounces + Redale + the joint venture with Barrick any chance this could become a takeover target in the near future."
Barrick also said that any Aussie junior was unlikely as no one meet there criteria, I think i know one that is close.
If Bothanna shows any promising results the Alpha dog could strike sooner than we think.
Sparky
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held